3 Reasons Bitcoin Crashed by $3,000 – And Why It’s Still Bullish
Here's three main factors behind Thursday's bitcoin price crash.
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Bitcoin suffered a major price crash during the weekend and on Monday after securing a milestone high of $41,986.
Bitcoin is showing signs of replicating its trend from 2019 that crashed its prices by more than 50 percent.
After a week of notable crashes, Bitcoin has again seen life breathed into its price trajectory and has reclaimed its mark above $90,000. The major primer for the return of bullish momentum was the announcement of a US crypto strategic reserve by President Donald Trump over the weekend, which could be the beginning of an extended rally for Bitcoin and other cryptocurrencies. With the return of bullish momentum, veteran financial analyst Peter Brandt listed six reasons Bitcoin has flipped bullish. Peter Brandt Lists Six Reasons Bitcoin Has Turned Bullish Bitcoin has seen its value rise by....